Autumn Budget comment from Aquaterra Energy

Published by Isabel Stagg, Editorial Assistant
World Pipelines, Thursday, 31 Oct 24

Following the Autumn Budget, George Morrison, CEO of Aquaterra Energy commented: "The government’s commitment to 11 new green hydrogen projects and £22 billion for CCS is a promising nod toward the future of the UK energy sector."

"Yet, with ongoing challenges from the effects of the profits levy, potential alone won’t cut it. The North Sea’s future relies on swift regulatory action, strategic infrastructure investment, and robust supply chain support, alongside targeted measures to advance electrolyser technology for green hydrogen at scale. Only with these in place can we bring these projects from paper to powerhouse.""

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UK pipeline news